BAYLEYS Real Estate (Fiji) Pte Limited has commenced marketing the total $125million Mission Hill project located just off Queens Road in Nadi.
The initial $24m investment in the residential and $101m in commercial development is being developed by Lital Investment Pte Limited.
The project located near Nadi Airport will cater to both local and international buyers seeking secure, modern living spaces for either owner occupation or investment.
It comprises 48 flats, featuring one-and two-bedroom layouts ranging from 83 to 128 square metres and a large swimming pool.
Bayley’s Real Estate managing director/partner South Pacific Philip Toogood said the project would address a gap in the market for dedicated residential flat communities, distinct from the resort-dominated offerings in areas like Denarau and Naisoso.
“If you look at Naisoso and if you look at Denarau and you look at Port Denarau, there are no real residential flat communities in those destinations,” Mr Toogood said.
“So, this is new and special.”
Mr Toogood said the buy-off plan scenario would be accompanied by a 10 per cent deposit ahead of completion at today’s prices, which sits securely in the trust account of R Patel lawyers.
He said construction was already underway.
“The great thing about Mission Hill is we don’t have to wait to get to a certain level of sales before it starts getting built. In fact, it’s underway now.
“So, with a lot of developments, there’s a period where there might be a requirement to sell a certain percentage, and you’re asking people to commit now, not knowing if in fact the development is definitely going ahead.
“So, here we’re really lucky that we’re under construction, and it’s going to be built. So, people can be reassured of that.”
Mr Toogood said the strategic location offers proximity to Nadi’s key infrastructure while providing a potentially more affordable entry point.
Mission Hill flats can be bought by both locals and foreigners, young couples or families.
Beyond the residential units, future phases of Mission Hill will include commercial office and retail spaces, potentially further enhancing the area’s amenities and creating additional economic activity.
“The land is native lease, so it makes good use of native land, which is great for the community.”
He also pointed out the flexibility offered to owners:
“So, unlike a lot of destinations, where there are a number of restrictions on how you can run your investment, here you’ve got total flexibility, which is great.
“It’s fantastic that they’re all totally finished apart from furniture. All the white goods are included: television, fridge, oven, cooktop, air conditioning washing machine/dryer and bathtub. “Structural completion is anticipated to be finished by the end of this year with full completion expected around March to complete everything.”
Sichuan Saint Ola Construction will carry out construction.
